Be on Your Game, Volatility is Far from Dead

Markets - What Me Worry--
--Buy the Stimulus Rumor, Sell the Stimulus Deal ?
--Big, Bad, and Binary
--we are a tweet away from greatness or destruction

Large Daily Ranges have NOT Abated
--stay focused on your risk, wrap your deltas tight
--assumption this bounce can fade at any point

Shell Game
--Russell has led the indices
--NASDAQ comes alive
--financials and energy fade

Dollar
Metals
Bonds
VIX Vol Spreads

SPX Expected Move
--last week-- 89.70 (expected move)
--next week-- 71.91

Bonds Markets Closed Monday

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